Morpho: Asset management giant Apollo will purchase 90 million MORPHO over four years, and both parties will collaborate to support the Morpho on-chain lending market.

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On February 14, according to official news, Morpho announced a partnership agreement with Apollo Global Management, an asset management company managing $900 billion. Under this agreement, Apollo or its affiliates may acquire MORPHO tokens through open market purchases, over-the-counter (OTC) transactions, and other contractual arrangements, with a total purchase limit of 90 million MORPHO tokens over a period of 48 months, subject to transfer and trading restrictions. Apollo and Morpho will collaborate to support the on-chain lending market on the Morpho protocol. Galaxy Digital UK Limited serves as Morpho’s exclusive financial advisor.

MORPHO15,72%
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